State

Indian Army ‘disappointed’ with budget allocation

budget allocation of mere Rs 21,388 crore for modernization is insufficient

It has emerged now that the Indian Army is disappointed with the budget allocation.

This comes in view of the continued insistence of the armed forces that they need to be prepared in view of the rising threat and assertiveness of China.

It need be mentioned that Vice Chief of Army Staff Lt Gen Sarath Chand told the Parliamentary Panel on Defence that the budget is insufficient and that may bring an end to several ‘Make in India’ projects.

He pointed out that the budget allocation of mere Rs 21,388 crore for modernization is insufficient even to cater for committed payments of Rs 29.033 crore for 125 ongoing schemes, emergency procurement and other requirements.

Lt Gen Chand also raised several other budget-related concerns like the prospect of Future Ready Combat
Vehicles and upgradation of existing equipment.

He went on to claim that while 68 per cent of Army’s equipment is vintage, only eight per cent is state-of-the-art.

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